For the first time in over a year spot rates in the US trucking market have dropped below the level of contract prices, according to transport management and logistics provider Transplace, acquired by Uber Freight last year. And, shippers have cause to re-examine their trucking strategy again. This year, many US shippers changed course and …
President Joe Biden signed into law the Ocean Shipping Reform Act yesterday marking the first major change to federal regulations for international container shipping in more than a generation. The law will stop “shipping companies taking advantage of American families, farmers, ranchers and businesses,” the president said at a signing ceremony at the White House. …